Originally Posted by
KnightNight
I’m not in that income bracket yet but isn’t the max HRA spill 10,000$ a year? That would be a lot of years to get to $300,000
That's something that was put in to appease the high earners who wish to limit spill until the MBCBP is in place. It only affects spill from the company for money above the IRS max income set each year. For 2024 the Max income limit was $350k. So after about $403k you get the 17% as PRAP Cash paid in the pay period after it occurred. If you self fund your PRAP you can push more money into the RHA if that's your goal.
Again this is all current and goes away if the LOA passes.